Pandora Media (P) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (0.69 million) in Pandora Media (P). On Monday, The value of composite uptick trades was $0.15 million, whereas, the value of composite downtick trades was $0.85 million and the ratio between the two was 0.18, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $0.69 million. The negative money flow of ($0.69 million) shows selling on strength. Pandora Media (P) gained $0.03 intraday at $13.01 and registrered 0.23% for the week.
Pandora Media, Inc. is up 45.57% in the last 3-month period. Year-to-Date the stock performance stands at -4.47%. Pandora Media, Inc. has dropped 1.76% in the last five trading days, however, the shares have posted positive gains of 10.91% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Martin Christopher Douglas, officer (Chief Technology Officer) of Pandora Media, Inc., had unloaded 2,000 shares at an average price of $11.19 in a transaction dated on June 16, 2016. The total value of the transaction was worth $22,380.
Pandora Media (NYSE:P): On Mondays trading session , Opening price of the stock was $13 with an intraday high of $13.1. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.59. However, the stock managed to close at $12.81, a loss of 1.31% for the day. On the previous day, the stock had closed at $12.98. The total traded volume of the day was 8,498,605 shares.
Pandora Media, Inc. is a United States-based provider of Internet radio in the United States. The Company offers a personalized experience for each of its listeners wherever and whenever they want to listen to radio on a range of smartphones, tablets, computers and car audio systems, as well as a range of other Internet-connected devices. It allows local and national advertisers to deliver targeted messages to its listeners using a combination of audio, display and video advertisements. Its free service is advertising-based and allows listeners access to its music and comedy catalogs, and personalized playlist generating system for free across all of its delivery platforms. Pandora One is a paid subscription service without any advertising. Pandora One also offers listeners daily skips, audio on supported devices and timeout-free listening. The Companys technologies include Music Genome Project and Comedy Genome Project.